Honorable Angie Chen Button, Chair, House Committee on International Relations & Economic Development
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1048 by Anchia (Relating to the financing of certain sports and community venue projects.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code as it relates to the financing of certain sports and community venue projects.
Local Government Impact
According to the City of Houston, the potential fiscal impact to the city cannot be determined, but the bill's provisions could benefit the city by increasing flexibility in venue projects.